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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 243,765 $ 192,804
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 80,868 62,964
Amortization of acquired intangibles 249,095 173,345
Share-based compensation expense 30,771 26,060
Provision for operating losses and bad debts 37,203 26,069
Amortization of capitalized customer acquisition costs 32,863 9,337
Deferred income taxes (51,093) (30,504)
Gain on sale of investments 0 (41,150)
Other, net 34,190 26,790
Changes in operating assets and liabilities, net of the effects of acquisitions:    
Accounts receivable (6,070) 14,216
Settlement processing assets and obligations, net (232,713) (109)
Prepaid expenses and other assets (12,605) (27,474)
Capitalized customer acquisition costs (65,697) (45,425)
Accounts payable and other liabilities 19,546 (19,491)
Net cash provided by operating activities 360,123 367,432
Cash flows from investing activities:    
Business acquisitions, net of cash acquired (563,009) (1,825,975)
Capital expenditures (136,612) (102,442)
Proceeds from sale of investments 0 37,783
Proceeds from sales of property and equipment 37,520 0
Other, net (48,056) (1,409)
Net cash used in investing activities (710,157) (1,892,043)
Cash flows from financing activities:    
Net proceeds from (repayments of) settlement lines of credit 77,397 (952)
Proceeds from long-term debt 1,713,324 3,263,045
Repayments of long-term debt (1,386,721) (1,110,258)
Payment of debt issuance costs (9,520) (58,448)
Repurchase of common stock (32,811) (130,314)
Proceeds from stock issued under share-based compensation plans 7,068 5,614
Common stock repurchased - share-based compensation plans (21,171) (15,622)
Proceeds from sale of subsidiary shares to noncontrolling interest 0 16,374
Distributions to noncontrolling interests (9,301) (10,216)
Dividends paid (5,141) (4,376)
Net cash provided by financing activities 333,124 1,954,847
Effect of exchange rate changes on cash 40,181 (7,142)
Increase in cash and cash equivalents 23,271 423,094
Cash and cash equivalents, beginning of the period 1,162,779 587,751
Cash and cash equivalents, end of the period $ 1,186,050 $ 1,010,845